240 NE 5th St, Gresham, OR 97030
Property image
Property image
OFF MARKET

$373,100

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 1,746 sqft

240 NE 5th St, Gresham, OR 97030

Central City
Est. Refi. Payment $2,434/mo*
Refinance Your Home
Currently Off Market - Sold Nov 4, 2025 for $375,000

Home Value

Trulia Estimate
$373K
Since last month
Decreased$6K (-1.5%)
Since last year
Decreased$7K (-1.9%)
Since last sale
Decreased$2K (-0.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +25% in the last 10 years
MonthEstimated value
2026
September 2026$373K
September 2026$373K
August 2026$379K
July 2026$374K
June 2026$376K
May 2026$381K
March 2026$375K
February 2026$380K
January 2026$376K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
210 NE 5th St, Gresham, OR
0.02
Townhouse
$425,000
05/15/26
3
3
1,806
491 NE Elliott Ave, Gresham, OR
0.18
Townhouse
$407,000
05/13/26
3
3
1,459
894 NE Linden Ave, Gresham, OR
0.32
Townhouse
$310,000
04/22/26
3
3
1,376
768 NE 9th St, Gresham, OR
0.34
Townhouse
$295,000
09/25/26
3
3
1,480
660 NE 9th St, Gresham, OR
0.28
Townhouse
$317,500
04/21/26
3
3
1,387
493 NE Liberty Ave, Gresham, OR
0.48
Townhouse
$296,000
08/13/26
3
3
1,634
647 SE Hogan Rd, Gresham, OR
0.90
Townhouse
$359,000
06/04/26
3
3
1,346
230 NW Mawrcrest Ave, Gresham, OR
1.36
Townhouse
$439,000
04/03/26
3
3
1,891
272 NW Mawrcrest Ave, Gresham, OR
1.36
Townhouse
$450,000
03/17/26
3
3
1,891

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
250 NE 5th St, Gresham, OR 97030
0.00
$408,600
3
2.5
1,746
Off Market
230 NE 5th St, Gresham, OR 97030
0.00
$452,900
4
2
1,830
Off Market
220 NE 5th St, Gresham, OR 97030
0.01
$408,800
3
2
1,746
Off Market
260 NE 5th St, Gresham, OR 97030
0.01
$426,400
3
2.5
1,746
Off Market
270 NE 5th St, Gresham, OR 97030
0.01
$419,400
2
3
1,746
Off Market
210 NE 5th St, Gresham, OR 97030
0.02
$425,000
3
3
1,806
Recently Sold
280 NE 5th St, Gresham, OR 97030
0.02
$415,300
3
3
1,746
Off Market
200 NE 5th St, Gresham, OR 97030
0.02
$456,100
2
3
1,830
Off Market
245 NE 4th St, Gresham, OR 97030
0.02
$427,400
2
3
1,830
Off Market
255 NE 4th St, Gresham, OR 97030
0.02
$442,500
2
2.5
1,746
Off Market
235 NE 4th St, Gresham, OR 97030
0.02
$405,200
2
2.5
1,746
Off Market
225 NE 4th St, Gresham, OR 97030
0.02
-
2
2.5
1,746
Off Market
225 NE 4th St, Gresham, OR 97030
0.02
$454,100
Studio
3
1,746
Off Market
265 NE 4th St, Gresham, OR 97030
0.02
$421,300
2
3
1,806
Off Market
275 NE 4th St, Gresham, OR 97030
0.02
$423,600
2
3
1,746
Off Market
215 NE 4th St, Gresham, OR 97030
0.02
$423,200
2
3
1,746
Off Market
290 NE 5th St, Gresham, OR 97030
0.02
$422,500
2
3
1,746
Off Market
285 NE 4th St, Gresham, OR 97030
0.03
$429,900
2
3
1,846
Off Market
205 NE 4th St, Gresham, OR 97030
0.03
$440,800
3
2.5
1,746
Off Market
205 NE 4th St. #Lot 1, Gresham, OR 97030
0.03
$393,400
2
2.5
1,902
Off Market

Local Information

  • Map ViewExplore the area around 240 NE 5th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Townhouse
Built in 1996
1,746 sqft
$214/sqft
2 Car Garage
HOA $419/mo

About this House

What's unique:Cozy gas fireplaceLoft spaceChef-inspired kitchenOversized deckNewer appliancesWalk-in closet
**MOTIVATED SELLERS!** Experience upscale living in the heart of Historic Downtown Gresham! This beautifully maintained townhome offers a spacious and inviting layout and features a large living area with a cozy gas fireplace and a chef-inspired kitchen complete with newer appliances, under-cabinet lighting, and a breakfast bar. Enjoy three full bathrooms, and a vaulted primary suite with its own fireplace, walk-in closet, loft space, and private covered balcony. The main level includes a versatile office/den that can function as a third bedroom. Step out onto the oversized deck—perfect that is already plumbed for gas and great for entertaining. Additional highlights includes a 2-car garage with 50 amp 220 volt circuit, easy conversion for electric car charger, central vacuum plumbing, and abundant storage throughout. All of this just one block from the vibrant Gresham Arts Plaza, offering a weekend farmers market, splash pad, and open green space that is perfect for relaxing or gathering with the community.
240 NE 5th St, Gresham, OR 97030 is a 3 bedroom, 3 bathroom, 1,746 sqft townhouse in Central City, built in 1996. It last sold for $375,000 on Nov 4, 2025 (4% below the $390,000 asking price). More recently, it was listed as a rental in September 2015 with an asking price of $1,850 per month. That rental listing was removed on October 7, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $373,100, with a rent estimate of $2,472/month.
Last check for updates: about 7 hours ago
Listed by William Grzebyk, (503) 505-2816
Redfin
Bought with: Gene Farr, (503) 896-4959, Premiere Property Group, LLC
Source: RMLS (OR), MLS#182574060

Home Details for 240 NE 5th St

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1746 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Gas Water HeaterDishwasherLaundry: Laundry RoomMicrowave
Heating & Cooling
Heating: Forced Air,Fireplace(s)Has CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 2Fireplace: GasSpa: BathHas a FireplaceHas a Spa
Gas & Electric
Gas: Gas
Windows, Doors, Floors & Walls
Window: Vinyl FramesDoor: French DoorsFlooring: Tile, Wall to Wall Carpet, Vinyl
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: Garage On Main, Main Floor Bedroom Bath, Walkin Shower, AccessibilityFloors: Tile, Wall To Wall Carpet, Vinyl
View
Has a ViewView: City

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: PatioExterior: BalconyFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: On Street,Attached
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 165

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, TownhouseStructure Type: TownhouseArchitecture: Townhouse
Building
Construction Materials: Stone, Wood SidingNot a New ConstructionAttached To Another Structure
Property Information
Condition: Updated/RemodeledParcel Number: R230543

Price & Status

Price
List Price: $390,000
Status Change & Dates
Off Market Date: Sun Sep 28 2025

Active Status

MLS Status: Sold

Location

Direction & Address
City: GreshamCommunity: Central City
School Information
Elementary School: East GreshamJr High / Middle School: Dexter MccartyHigh School: Gresham

Building

Building Area
Building Area: 1746 Square Feet

Community

Not Senior Community

HOA

Has an HOAHOA Fee: $419/Monthly

Lot Information

Lot Area: 2613.6 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 182574060

Additional Information

HOA Amenities: Commons, Exterior Maintenance, Management

Price and Tax history

DateEventPrice
Nov 4, 2025
Source: RMLS (OR) #182574060
Sold
$375,000
Sep 28, 2025
Source: RMLS (OR) #182574060
Pending
$390,000
Apr 29, 2025
Source: RMLS (OR) #182574060
PriceChange
$390,000
Price decreased by 3%
Apr 17, 2025
Source: RMLS (OR) #182574060
Listed For Sale
$400,000
Nov 22, 2021
Source: RMLS (OR) #21448217
Sold
$399,900

Market trends in Gresham

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$459K
$7.37KMoM
Sale-to-List Price
100.0%
Price per sq ft
$274
$2MoM
Available listings
370
4MoM

Around this home

Neighborhood Overview

Central City
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central City

At least 14 Trulia users voted on each feature.

  • 89 % Say parking is easy

  • 87 % Say it's dog friendly

  • 79 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say car is needed

  • 71 % Say it's walkable to grocery stores

  • 68 % Say there's holiday spirit

  • 63 % Say kids play outside

  • 61 % Say yards are well-kept

  • 58 % Say streets are well-lit

  • 53 % Say people would walk alone at night

  • 44 % Say neighbors are friendly

  • 42 % Say they plan to stay for at least 5 years

  • 42 % Say it's quiet

  • 40 % Say there's wildlife

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "it used to be unique but now it's a cess pool of homelessness and crime, like the majority of Portland."
    3
    Flag
  • Jgruskin6616
    "lots of families with children, great parks and downtown events. music on Mondays, Saturday market on Saturdays, movies in the park on Fridays. close to any shopping. schools are ok. crime is pretty low. we have lived her for 2.5 years and we have really enjoyed jt"
    3
    Flag
  • Amber
    "Saturday market and downtown Gresham are in walking distance Downtown Gresham has lots of things going on in the summer Great little shops places to eat a couple breweries the neighborhood isn’t too rowdy"
    0
    Flag
  • krystalcravens
    "this town is the best place for families and all of the above"
    0
    Flag

LGBTQ Local Legal Protections

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-10-02 17:04:14 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently asked questions about 240 NE 5th St

  • What is 240 NE 5th St estimated to be worth?
    Trulia's estimated value for 240 NE 5th St in Gresham, OR is $373,100.
  • What is the price history for 240 NE 5th St?
    240 NE 5th St in Gresham, OR last sold for $375,000 in November 2025.
  • Is Gresham a buyer's or seller's market?
    Gresham is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Gresham?
    The median sale price in Gresham is $459K. That is down $7.37K from the prior month.
  • Does 240 NE 5th St have air conditioning?
    Yes, 240 NE 5th St in Gresham, OR has air conditioning.
  • Does 240 NE 5th St have laundry facilities?
    Yes, 240 NE 5th St in Gresham, OR has laundry facilities.

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